PREMIUM GLOBAL INCOME SPLIT CORP. ESTABLISHES AT-THE-MARKET EQUITY PROGRAM
PREMIUM GLOBAL INCOME SPLIT CORP. ESTABLISHES AT-THE-MARKET EQUITY PROGRAM
TORONTO, Dec. 20, 2024 /CNW/ - (TSX: PGIC) (TSX: PGIC.PR.A) – Premium Global Income Split Corp. (the "Fund") is pleased to announce it has established an at-the-market equity program ("ATM Program") that allows the Fund to issue shares of the Fund to the public from time to time, at the Fund's discretion, effective until January 16, 2027, unless terminated prior to such date by the Fund. Any Class A Shares or Preferred Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the "TSX") or any other marketplace in Canada on which the Class A Shares and Preferred Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated December 20, 2024 (the "Equity Distribution Agreement") with National Bank Financial Inc. (the "Lead Agent") and CIBC World Markets Inc. ("CIBC", and together with the Lead Agent, the "Agents").
多伦多,2024年12月20日 /CNW/ - (TSX: PGIC) (TSX: PGIC.PR.A) – Premium Global Income Split Corp.(以下简称“基金”)很高兴地宣布已建立一种市场内发售股票的程序(“ATm程序”),该程序允许基金根据自身的自由裁量权不时向公众发行基金的股份,有效期至2027年1月16日,除非基金在该日期之前终止该程序。任何在ATm程序中售出的A类股票或优先股将通过多伦多证券交易所(“TSX”)或在加拿大其他上市、报价或以其他方式交易的A类股票和优先股的市场,按出售时的当前市场价格出售。通过ATm程序销售A类股票和优先股将根据与National Bank Financial Inc.(“主代理”)和CIBC World Markets Inc.(“CIBC”,与主代理统称为“代理”)签订的2024年12月20日的股权分销协议的条款进行。
Sales of Class A Shares and Preferred Shares will be made by way of "at-the-market distributions" as defined in National Instrument 44-102 Shelf Distributions on the TSX or on any marketplace for the Class A Shares and Preferred Shares in Canada. Since the Class A Shares and Preferred Shares will be distributed at the prevailing market prices at the time of the sale, prices may vary among purchasers during the period of distribution. The ATM Program is being offered pursuant to a prospectus supplement dated December 20, 2024 to the Fund's short form base shelf prospectus dated December 13, 2024. The maximum gross proceeds from the issuance of the shares will be $50,000,000. Copies of the prospectus supplement and the short form base shelf prospectus may be obtained from your registered financial advisor using the contact information for such advisor, or from representatives of the Agents and are available on SEDAR+ at .
销售A类股票和优先股将通过“市场内分销”的方式进行,符合国家仪器44-102上架分销的定义,适用于TSX或加拿大A类股票和优先股的任何市场。由于A类股票和优先股将在销售时按当前市场价格分销,价格可能在分销期间因购入者而有所不同。ATm程序是根据2024年12月20日补充的招股说明书提供的,补充招股说明书的基础是基金的短期基础上架招股说明书,日期为2024年12月13日。发行股份的最大总收益将为50,000,000美元。招股说明书补充和短期基础上架招股说明书的副本可以通过您注册的财务顾问获得,联系方式可向该顾问索取,或由代理的代表提供,并可在SEDAR+上获得。
The volume and timing of distributions under the ATM Program, if any, will be determined at the Fund's sole discretion. The Fund intends to use the proceeds from the ATM Program in accordance with the investment objectives and investment strategies of the Fund, subject to the investment restrictions of the Fund.
ATm程序下的分配量和时间(如有)将由基金全权决定。基金打算按照基金的投资目标和投资策略使用ATm程序的收益,但需遵守基金的投资限制。
The Fund invests in a diversified portfolio of primarily large capitalization global equity securities actively selected by its manager and investment manager, Mulvihill Capital Management Inc. ("Mulvihill"). To enhance the income generated by the Fund's portfolio and to reduce volatility, the Fund employs an active covered call writing strategy and may write cash covered put options in respect of securities in which it is permitted to invest. The Fund may also invest up to 100% of its net assets in other public investment funds (including investment funds managed by Mulvihill). In addition, the Fund is exposed to securities traded in foreign currencies and may, in Mulvihill's discretion, enter into currency hedging transactions to reduce the effects of changes in the value of foreign currencies relative to the value of the Canadian dollar.
该基金投资于一个多元化的投资组合,主要由其经理和投资经理Mulvihill Capital Management Inc.("Mulvihill")积极挑选的大型市值全球股票证券。为了增强基金投资组合的收入并降低波动性,该基金采用积极的覆盖认购期权策略,并可能针对其获准投资的证券写出现金担保的看跌期权。该基金还可以将其净资产的100%投资于其他公开投资基金(包括由Mulvihill管理的投资基金)。此外,该基金接触到以外币交易的证券,并且在Mulvihill的自由裁量权下,可以进行货币对冲交易,以减少外币相对于加币的价值变化的影响。
John Germain, Senior VP & CFO
约翰·热尔梅,资深副总裁兼首席财务官
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "intend", "will" and similar expressions to the extent they relate to the Fund. The forward-looking statements are not historical facts but reflect the Fund's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Fund believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Fund undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
本新闻稿中包含的某些声明构成前瞻性声明,包括但不限于以"打算"、"将会"和类似表达所标识的声明,前提是这些声明与基金相关。前瞻性声明不是历史事实,而是反映基金对未来结果或事件的当前预期。这些前瞻性声明受到可能导致实际结果或事件与当前预期显著不同的众多风险和不确定性的影响。尽管基金相信其前瞻性声明中固有的假设是合理的,但前瞻性声明并不保证未来表现,因此,读者被提醒不要因其中固有的不确定性而对这些声明过分依赖。基金没有义务公开更新或以其他方式修订任何前瞻性声明或信息,无论是由于新信息、未来事件或其他影响该信息的因素,法律要求的情况除外。
A short form base shelf prospectus and prospectus supplement containing important detailed information about the securities being offered has been filed with securities commissions or similar authorities in each of the provinces of Canada. Copies of the short form base shelf prospectus may be obtained from the Agents. Investors should read the short form base shelf prospectus and the prospectus supplement before making an investment decision.
一份包含有关所提供证券的重要详细信息的短期基本架构招股说明书及招股说明书补充文件,已经向加拿大各省的证券委员会或类似机构提交。投资者可以从代理处获取短期基本架构招股说明书的副本。在做出投资决策之前,投资者应阅读短期基本架构招股说明书及招股说明书补充文件。
Commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
投资共同基金可能会涉及佣金、管理费和其他费用。请在投资前阅读招募说明书。共同基金并不保证,其价值经常变化,过去的表现可能不会重复。
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.
所提供的证券尚未根据《1933年美国证券法》(经修订)注册,且未注册或不适用注册要求的任何豁免情况下不得在美国提供或销售。本新闻稿不构成出售证券的要约或购买证券要约的招揽,并且在任何此类要约、招揽或销售非法的州不会出售此类证券。
SOURCE Premium Global Income Split Corp.
来源:Premium Global Income Split Corp.